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1. India’s bioeconomy expanded from USD 10 billion in 2014 to USD 165.7 billion in 2024, and contributed about 4.25 percent to a national GDP of USD 3.89 trillion.

2. India aims to raise its bioeconomy to USD 300 billion by 2030, reflecting the sector’s growing importance in sustainable growth, innovation, biotechnology, healthcare, and industrial transformation.

1. India’s bioeconomy grew from USD 10 billion in 2014 to USD 165.7 billion in 2024, contributing 4.25 percent to national Gross Domestic Product (GDP) and targeting USD 300 billion by 2030.

2. Four major subsectors drove the 2024 bioeconomy: BioIndustrial at USD 78.2 billion or 47 percent, BioPharma at USD 58.4 billion or 35.2 percent in total value terms nationally.